Psychology of Trading & Investing (Fooled by Randomness Summary)

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Psychology of Trading & Investing (Fooled by Randomness Summary)

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This is a beginners guide to invest in shares (stock market) in India.
Best Way To Invest in 20s:
How to Think in Your 20s:
The Intelligent Investor Summary:
How to Calculate Intrinsic Value of a Stock:
Magic of Dividends for Financial Freedom:
Regular Income from Stocks - Dividend Investing for Beginners:
How to Invest in Index, ETF and Stocks - TUTORIAL
POWER OF COMPOUNDING in Investing:
Analysis of Top Wealth Creator Stock in India:

In this video, we discuss the psychology of trading, investing and money from one of the best finance book - Fooled by Randomness. Nassim Nicholas Taleb's book, Fooled By Randomness explains how luck, uncertainty, probability, human error, risk, and decision-making work together to influence our actions, set against the backdrop of business and specifically, investing, to uncover how much bigger the role of chance in our lives is, than we usually make it out to be.

There are lot of important lessons in this book about trading psychology and investing psychology that we've discussed today:

We underestimate the share of randomness and luck. Especially in endeavors with high degrees of randomness and large sample sizes.
Consider alternative histories—what could have happened. One cannot judge a performance in any given field (war, politics, medicine, investments) by the results, but by the costs of the alternative.
Think in terms of expected value. Individual probabilities are meaningless without knowing the magnitude of their outcomes.
Life is nonlinear. Small acts can have disproportionate consequences (good or bad).
We are blind to probabilities. We do not make rational choices, but emotional ones.
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Suggest the topic for future videos. :)

InvestMindset
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Best youtuber in this field change my life I came stock market and earn today my age is 18

shubhamgumbade
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Really u have a vast goal.. Which is really very very big.. And luv u bro for make us more genius and move us towards a great life.. I request all of u guys plz like this video.. Bhai ka hausla badhana h💪

mywaykk
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Commenting on your video after long time. This video was nice as always and
Congratulations for 800k

investor
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Aapki ek baat bahut acchi hai ki aap hamesha sponser ka bta dete ho ❤️

rahulsinghpb
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Ab aap sahi kaam kr rhe h time s video dekar phle to aap n bht preshan kr liya tha.

dilshadansari-rhuz
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Sir
Please start a series of fundamental analysis 🙂

mrarric
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As usual, superb content. You are the favourite channel for me and my elder sister

anilsreedhar
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Your video contains quality is really remarkable about market education Thank you so much God bless you 🙏

palakraghuvanshi
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Aapki wajh se hi investing ke lia motivate hua hu m

priyapihu
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Thanks bro and keep guiding us to make us our bright future 😊

DRSUPERMAN
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Sir aapne sahi bat bataye ki treder skinshot dekhate ki aaj 40000 profit mila aur hame bhi bahut call aata hai 🔥🔥🔥.... thanks guruji aapke gaan se hi ham aaj aapke yah tak pahuche hai thanku so much Guru ji 🙏🙏🙏🙏

manishalone
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"How to be Financially Wise" ess topic pe next video

saketkirtiwar
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Thanks for making video on index fund vs mutual fund that is my demand
-also cover mid cap and small cap mutual fund

Moltres_Gaming_
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Bro tu sach mein bahut acchi videos banata hai

trendingmovies
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Thanku sir ☺ you're such a great person. 🙏 sir aapse reuest hai ki aap mutual fund v/s index fund pe jarur banaiye sir😊

cfprahul
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Tumhari sab video ko like karta hu bro love you ❤️

raghuveer
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Sir ji please index fund and ETF mai mera cofusion hai please bata dijiye

prabhu
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सर एक व्यक्ति ने मुझे कहा कि विना इनगिल के शेयर बाजारों में तुम कुछ भी नहीं कर सकते हो सर ....but aapke kya sagetion hai Guru

manishalone
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Please make a video on how to read annual report of a company and identify moat of company

kavyasoni